FTSE struggles as City awaits BoE rate decision

Within the first few minutes of trading, the FTSE 100 barely moved, as the big name stocks struggled to maintain their positions. RBS fought back against yesterday’s share price drop – following an announcement about the purchase of US financial firm Charter One – and added 14p or 0.9% to £16.39. In contrast, however, BT Group is already on the downward slide, having dropped 1.5p or 0.8% to 178p in the first hour. British Airways, InterContinental, Liberty International, Shire Pharmaceutical and WPP Group all lost at least 1% each within the first hour of trading. In Asia, a ral...